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Grain gain: Thailand’s rice exports sprout an impressive 12% surge
Photo by Dennis Rochel on Unsplash The Commerce Ministry reported a significant increase in Thailand’s rice exports. Data reveals an 11.91% rise in exports from January to August 29, compared to the same duration last year. During this period, Thailand managed to export a hefty 5.29 million metric tonnes of rice.
Despite the impressive rice export figures, the agricultural sector in Southeast Asia has been grappling with lower-than-usual rainfall. This has adversely affected the growth of rice, palm oil, sugarcane, and coffee crops. The lack of sufficient rainfall has been particularly severe in Indonesia and Thailand, with these nations being the worst affected.
The struggle with inadequate rainfall highlights the ongoing challenges faced by the agricultural sector in Southeast Asia. The region’s dependence on agriculture for both local consumption and export necessitates the…
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